European Lithium Ltd Unveils High-Grade Drill Results from Tanbreez Project in Greenland

European Lithium Ltd (ASX: EUR) has released initial assay results from its confirmation drilling program at the Tanbreez Project in Greenland, which is 7.5% owned by the company. The first of sixteen diamond drill holes, executed in September-October 2024, revealed a significant 40-meter-wide high-grade intersection of rare-earth oxide averaging 4,722.51 ppm TREO, including 26.96% heavy rare earth oxide. Additional results include 1.82% ZrO₂, 1,852.22 ppm Nb₂O₅, and 130.92 ppm Ta₂O₅.

The mineralization is hosted in eudialyte within the kakortokite layer of the Ilimaussaq intrusive complex, one of the world's most differentiated deposits. Executive Chairman Tony Sage expressed the high-grade, high-tonnage potential demonstrated by these initial results, highlighting the project's significance for European Lithium.

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